Offshore fears and onshore risk exchange rate pressures and bank volatility contagion in the Peoples Republic of China Jennifer Lai and Paul D McNelis.

The findings contrast with one view that the offshore spot market for the currency, listed as CNH, is a shock absorber for the PRC financial system. The analysis suggests that further offshore exchange market movements arising out of news, such as increasing trade friction with the United States, wi...

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Bibliographic Details

Resource Type:	Electronic Resource
Language:	English
Published:	[Manila] Asian Development Bank 2019.
Series:	Economics working papers
Subjects:	Financial institutions > China. Institutional investments > China. Electronic books.
Online Access:	https://www.adb.org/publications/offshore-fears-onshore-risk-peoples-republic-china